IRA

In a recent issue of the Employee Plans News, the IRS has announced the update of several forms used to submit Voluntary Correction Program applications to the IRS.

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on September 27, 2023, for Tennessee severe storms, for the incident period of August 7, 2023.

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on September 27, 2023, for California Tropical Storm Hilary, for the incident period of August 19 – August 21, 2023.

The IRS has announced the postponement of certain tax-related deadlines for victims of Hurricane Lee.

The IRS has announced the postponement of certain tax-related deadlines for victims of Hurricane Lee.

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on September 21, 2023, for Missouri severe storms, straight-line winds, tornadoes, and flooding, for the incident period of July 29 – August 14, 2023.

The House Education and Workforce Committee held a mark-up of several proposals, including four bills (previously announced), which would amend ERISA related to proxy voting, fiduciary duties, and notice requirements for brokerage windows.

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on September 14, 2023, for New Hampshire severe storms and flooding, for the incident period of July 9, 2023 – July 17, 2023.

The IRS has issued Revenue Ruling 2023-18, which contains the applicable federal rates (AFR) for October 2023.

The IRS has announced the postponement of certain tax-related deadlines for victims of Hurricane Idalia in parts of Georgia.